Yesterday, March 31, 2014, the US Senate voted to approve H.R. 4302
the Protecting Access to Medicare Act of 2014. This bill creates a temporary 12 month “fix” to the Medicare Sustainable Growth rate (SGR) The Sustainable Growth Rate (SGR) was created in 1997 by Congress. It is a system that determines the amount of money that will be budgeted for Medicare payments based on a projected growth of the economy. Within a few years, however the costs for healthcare far outweighed the economic projected growth. The result? A huge deficit in funding for Medicare reimbursements.